Analysts see slower growth in housing sales

9:48 PM,
Oct. 8, 2013

GNAR's President Price Lechleiter

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Roughly 16 percent more residential properties changed hands in the Nashville area in September than during the same month last year, but the pace of growth appeared to be slowing.

The median price of a single-family home, meanwhile, was up nearly 12 percent for September vs. last year, according to tracking by the Greater Nashville Association of Realtors. Along with overall increases in closings for the month, quarter and year-to-date, analysts say they see signs of an improved market.